to help visualise the amount of gas 1 TCF (or 1000PJ) is it’s about 200LNG ships (200,000m3 cargo ship) each carrying 5PJ gas
The Sydney city gate price would be in the order of $45M.
In Mongolia a profit value to EXR in the order of $2B - $3.5B (check OGP models) sounds about right that’s 20-30x the current MCAP in 1Tcf alone. Now to think the contingent resources could be 300-600PJ already (highly likely to be proven). We are due very soon for a serious rerate. Hold your hats
I recommend newcomers take a look at @Michaeljob and @OilGasPlanning posts in this thread from 2018 until now
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